Princeton

Population: 20,966
Median household income: $96,766
Median home value: $310,700

Located in Collin County, Texas, Princeton is a community with a population of 20,966. The median household income of $96,766 is below the Collin County median ($117,588).

Between 2019 and 2023, Princeton's population grew 93.3% from 10,846 to 20,966, while its median home value rose 67.8% from $185,200 to $310,700.

The largest age group is 5 to 17, 24.9% of residents. White (non-Hispanic) residents are the largest group, 45.0% of the population.

Demographics

ACS 2019–2023

Population: 20,966
Median age: 32.9 yrs
Median household income: $96,766
Median home value: $310,700
Median gross rent: $2,059
Housing units: 7,033
Homeownership rate: 80.0%
Bachelor's degree or higher: 28.3%
Unemployment rate: 2.0%

Trends

ACS 5-year · 2019–2023

Population

10,84620,966

Median household income

$67,204$96,766

Median home value

$185,200$310,700

Median gross rent

$1,324$2,059

Year	Population	Median household income	Median home value	Median gross rent
2019	10,846	$67,204	$185,200	$1,324
2020	12,208	$80,323	$205,200	$1,426
2021	16,683	$85,548	$225,100	$1,554
2022	18,441	$93,586	$275,200	$1,734
2023	20,966	$96,766	$310,700	$2,059

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.2%

5 to 1724.9%

18 to 248.5%

25 to 3415.6%

35 to 4419.4%

45 to 5411.4%

55 to 648.4%

65 to 743.6%

75 and over1.9%

	Count	Share
Under 5	1,305	6.2%
5 to 17	5,213	24.9%
18 to 24	1,788	8.5%
25 to 34	3,263	15.6%
35 to 44	4,076	19.4%
45 to 54	2,398	11.4%
55 to 64	1,770	8.4%
65 to 74	762	3.6%
75 and over	391	1.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	9,436	45.0%
Black or African American	4,456	21.3%
American Indian & Alaska Native	8	0.0%
Asian	735	3.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	252	1.2%
Two or more races	390	1.9%
Hispanic or Latino (any race)	5,689	27.1%

Educational attainment (age 25+)

No high school diploma9.1%

High school graduate28.3%

Some college or associate's34.3%

Bachelor's degree21.6%

Graduate or professional degree6.7%

	Count	Share
No high school diploma	1,154	9.1%
High school graduate	3,581	28.3%
Some college or associate's	4,342	34.3%
Bachelor's degree	2,732	21.6%
Graduate or professional degree	851	6.7%

Commute to work

Mean travel time to work: 33 min

Drove alone70.1%

Carpooled15.2%

Public transit0.0%

Walked1.8%

Bicycle0.0%

Worked from home12.1%

Other means0.8%

How workers get to work

	Count	Share
Drove alone	7,721	70.1%
Carpooled	1,670	15.2%
Public transit	0	0.0%
Walked	199	1.8%
Bicycle	0	0.0%
Worked from home	1,331	12.1%
Other means	90	0.8%

Travel time

	Count	Share
Under 15 min	1,496	15.5%
15 to 29 min	2,989	30.9%
30 to 44 min	2,333	24.1%
45 to 59 min	1,593	16.5%
60+ min	1,269	13.1%

Households

Average household size: 3.07
Poverty rate: 5.3% (1,103 of 20,952)

	Count	Share
Family households	5,485	80.6%
Nonfamily households	1,324	19.4%

Housing

Median year structure built: 2012

Occupancy

	Count	Share
Occupied	6,809	96.8%
Vacant	224	3.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	5,448	80.0%
Renter-occupied	1,361	20.0%

1-unit, detached84.8%

1-unit, attached0.8%

2 to 4 units2.1%

5 to 19 units2.0%

20 or more units4.4%

Mobile home & other6.0%

Units in structure

	Count	Share
1-unit, detached	5,962	84.8%
1-unit, attached	55	0.8%
2 to 4 units	146	2.1%
5 to 19 units	138	2.0%
20 or more units	307	4.4%
Mobile home & other	425	6.0%

Geography

Place GEOID: 4859576
Type (LSAD): 25
Land area: 14 sq mi
Water area: 0.11 sq mi
Center point: 33.1845, -96.5094